Question 1

What is an SBA 7(a) loan for gyms?

Accepted Answer

An SBA 7(a) loan is a government-backed financing option that helps gym owners purchase, construct, or expand fitness centers with favorable terms.

Question 2

Do I qualify for a gym SBA loan?

Accepted Answer

You’ll generally need a solid credit score, sufficient business cash flow, and at least two years of operating history to meet SBA requirements.